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Animal Produce Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
The Animal Produce Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Animal Produce Market?
In recent times, there's been a robust expansion in the market size of animal produce. It is projected to surge from $5487.18 billion in 2024 to $5858.52 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.8%. Factors such as consumer preferences and demand, regulatory conditions, worldwide economic circumstances, episodes of disease, and environmental issues have all contributed to this growth during the historic period.
The market size of animal products is anticipated to experience substantial growth in the coming years, projected to reach $7514.25 billion by 2029 with a CAGR of 6.4%. This expected growth in the forecast period is due to the increasing health and wellness trends, precision farming and smart agriculture, strict regulations, economic growth and urbanization, along with efforts to mitigate climate change. In the forecast period, significant trends include the rise of cultured and cellular agriculture, global expansion of animal produce markets, health and functional benefits, e-commerce retail, and direct consumer sales, as well as diversification of animal-based products.
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What Are the Different Animal Produce Market Segments?
The animal produce market covered in this report is segmented -
1) By Type: Live Animals, Meat, Milk, Egg, Skin And Hide, Wool, Honey
2) By Nature: Organic, Conventional
3) By Application: Hyper markets Or Super markets, Convenience Stores, Online Retail, Other Applications
Subsegments:
1) By Live Animals: Cattle, Sheep, Goats, Pigs, Poultry
2) By Meat: Beef, Pork, Poultry, Lamb, Processed Meats
3) By Milk: Cow Milk, Goat Milk, Sheep Milk, Specialty Milks
4) By Egg: Chicken Eggs, Duck Eggs, Quail Eggs, Specialty Eggs
5) By Skin And Hide: Leather, Hides For Tanning
6) By Wool: Sheep Wool, Specialty Fibers
7) By Honey: Raw Honey, Processed Honey, Specialty Honey
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What Are the Primary Drivers Shaping the Animal Produce Market?
Expectations are high for the expansion of the animal produce market due to the growing consumption of meat, dairy products, and other goods derived from animals. These animal products, which include things like meat and milk, are obtained directly from the body of the animal. The surge in their demand fuels the necessity for animal produce. To illustrate, the United States Department of Agriculture, a US governmental body with the responsibility of devising and implementing federal laws relative to farming, forestry, rural economic development, and food, reported in January 2023 that meat consumption in America rose in 2022. An estimated 227 pounds of poultry, beef, and pork were consumed per person, a notable rise from 224.9 pounds in 2021. This escalating demand for dairy items, meat, and other animal-sourced products is a significant driver of the animal produce market's growth.
Which Companies Are Leading in the Animal Produce Market?
Major companies operating in the animal produce market include Cargill Incorporated, Sysco Corporation, JBS USA Holdings Inc., Tyson Foods Inc., Sanderson Farms Inc., Koch Foods Inc., Smithfield Foods Inc., Hormel Foods Inc., National Beef Packing Company LLC, OSI Group LLC, Conagra Brands LLC, Wen's Food Group, Wellhope Agri-Tech Co. Ltd., Industrias Bachoco S.A.B. de C.V., Perdue Farms Inc., American Foods Group LLC, Mountaire Farms Inc., Seaboard Foods LLC, Archer Daniels Midland Company, Land O'Lakes Inc., Purina Animal Nutrition LLC, Kent Corporation, Alltech Inc., New Hope Group Co. Ltd., Guangdong Haid Group Co. Ltd., ForFarmers N.V., Nutreco N.V., De Heus Animal Nutrition B.V., DLG Group, Charoen Pokphand Foods plc, Japfa Ltd., MHP SE, Cherkizovo Group Public Joint Stock Company, BRF S.A., Marfrig Global Foods S.A., Minerva Foods S.A., NH Foods Ltd., Nippon Ham Group, Toyo Suisan Kaisha Ltd.
What Are the Major Trends Shaping the Animal Produce Market?
The rise of technology is a growing trend in the animal produce industry. Big firms in the field are focusing on incorporating new technology like data management to enhance farm operations and solidify their stance in the market. JBS Live Pork, a division of the US-based pork producer JBS, integrated Cloudfarms' Swine Data Management System into their 90 US sow farms in January 2023. This system allows for precise data collection directly from daily farm routines like servings, relocations, and animal health management.
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What Are the Top Revenue-Generating Geographies in the Animal Produce Market?
Asia-Pacific was the largest region in the animal produce market in 2024. The regions covered in the animal produce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Animal Produce Market?
2. What is the CAGR expected in the Animal Produce Market?
3. What Are the Key Innovations Transforming the Animal Produce Industry?
4. Which Region Is Leading the Animal Produce Market?
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